Update on ManuelaManuela is a member of the communal bank Las Triunfadoras in the district of Andahuaylillas, province of Quispicanchis of Cusco, Peru. She is a hardworking mother of a family.
She continues working breeding small animals such as guinea pigs, chickens and pigs which she grows and fattens and later sells.
Manuela is now asking for a loan in order to buy breeding guinea pigs and chickens in order to take good advantage of her activity. Manuela is very grateful to Kiva for allowing her to strengthen her business which permits her to sustain her household.
Andahuaylillas, de la provincia de Quispicanchis del Cusco – Perú. La socia es una madre de familia muy trabajadora, ella continua dedicándose a la crianza de animales menores como cuyes, gallinas y cerdos, los cuales los cría para engorde y luego los comercializa. Manuela en esta oportunidad está solicitando el préstamo para comprar padrillos de cuyes y gallinas para capitalizar su actividad. Manuela está muy agradecida con KIVA por permitirle fortalecer su comercio el cual le permite llevar el sustento a su hogar.
Previous Loan DetailsManuela is a member of the "LAS TRIUNFADORAS" communal bank which is located in the Andahuaylillas district which is 5 minutes from the city of Cusco. She is 55 years old, married, and has one son. She alternates her household chores with retail sales. For the past 10 years she has been… More from Manuela's previous loan »
Important InformationAbout Asociación Arariwa
Asociación Arariwa is a large non-governmental organization that started offering microcredit in 1994 to improve the quality of life, skills and equity of the population in the rural Cusco region of Peru. Arariwa serves the southern Andean provinces of Peru, and is distinguished by its efforts to reach the very poor, who often live in isolated rural areas. Arariwa fosters village banking, supports savings accounts, promotes access to education, and empowers women entrepreneurs (who make up 78% of its borrowers).
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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Success!! The loan was 100% repaid